Pivot Points

Pivot Points

What is the pivot point?

By - Forex pivot points to determine the cell signal, the method is very popular. Reversal point (where the price comes back to the opposite side) is widely used to identify the pivot point for the traders.

The pivot point of the chart is divided into several sections. Point between the pivot point (PP). If the market price is above the pivot point bullisa (upward trending market) and the market price below the pivot point biyarisa (the market is trending down). R1, R2 and R3 are resisatyansa level and the pivot point (PP) of others. S1, S2, and S3 is the support level and the pivot point (PP) is down.

Here,

• PP = Pivot point (pivot point)

• S = Support (Support)

• R = Resistance (resisatyansa)

How to calculate pivot points leads

Pivot Point case

• High = The price was the highest of praise

• Low = The price was the lowest that praise

• Close = the market that have been close to praise

Kyalakulesanah

R3 = High + 2 x (PP - Low)

R2 = PP + (High - Low) = PP + (R1 - S1)

R1 = (PP x 2) - Low

PP = (High + Low + Close) / 3

S1 = (PP x 2) - High

S2 = PP - (High - Low) = PP - (R1 - S1)

S3 = Low - 2 x (High - PP)

You are now in trouble High, low and close to the pivot point, you can find out. Or pivot point calculator High, low and close, you can easily find datagulo. There are some indicators that the pivot, pivot points which will show your cartei. For this indicator, see the section.